A federal court in South Carolina uncovers a scheme of kickbacks and bribes related to FHLB and HUD affordable housing program grants.

Fannie and Freddie bolstered their affordable housing acquisitions in 2021; FHLB not so much.

Regulator corrects “inadvertent omissions” in the text of the Community Support Requirements regulation.

Nine of the 11 Federal Home Loan Banks saw their profits jump in the first quarter. Only the FHLBanks of Dallas and Cincinnati experienced declining net income. (Includes three data charts.)

Outstanding Federal Home Loan Bank advances ticked up at the end of 2021, halting a nearly two-year decline. (Includes two data charts.)

Thompson puts her stamp on the agency, even while rumors suggest the Biden administration could replace her with a permanent director.

A new advisory bulletin describes when assets should be categorized as “substandard,” “doubtful,” or “loss.”

Steadily declining advances continue to whittle away at net income of most of the banks. (Includes three data charts.)

The FHFA is not conservator of the FHLBanks, so it cannot “step into the shoes” of the FHLBanks’ boards of directors, the FHLBs argue.

Low interest rates and excess liquidity drove down demand for FHLBank advances and ate into profits during the early part of the year (Includes three data charts.)